Page 2 - Singularity Ventures News Today

Veteran investor Madhusudan Kela-backed Singularity AMC, which is an investor in companies like WebEngage and mCaffeine, is set to secure commitments from domestic institutional investors ......

Mithun Sacheti, who scored a Rs 4,621-crore exit from omnichannel jewellery retailer CaratLane to Titan in August, has joined Singularity Growth as a general partner. This and more in todays ETtech Top 5.

Singularity Ventures: The Singularity Growth Opportunities Fund II, the firms second fund, will invest in startups operating in sectors like energy transition, consumer, financial services, enterprise software and manufacturing, said founder and chief investment officer Yash Kela.

The Singularity Growth Opportunities Fund II, the firms second fund, will invest in startups operating in sectors like energy transition, consumer, financial services, enterprise software and manufacturing, said founder and chief investment officer Yash Kela.

Jiraaf has secured $8.7 million in a Series B funding round, while gold loan marketplace Oro Money has raised around $12.5 million.

As Indias first space-based solar observatory, Aditya L1, takes giant strides in its sun mission, whats not much known is that it was a group of youngsters, and the countrys women in science back home, who made the endeavour a reality. This and more in todays ETtech Morning Dispatch.

In a rare event for the Indian startup ecosystem, founder Mithun Sacheti has exited online jeweller Caratlane for a cool $556 million. Most founders have their net worth tied up in their companies’ shares.

Caratlane: Watchmaker Titan ascribed a valuation of Rs 17,000 crore to the omnichannel retailer, an over 30-fold jump from when it first invested in the Chennai-based company seven years ago.

Global Study Abroad Platform Leverage Edu, that helps students from India, Nigeria & Nepal land higher education opportunities abroad on Tuesday said that the UK PM's decision to scrap 'rip-off' courses will encourage over a million students from India to study there. Leverage Edu is on track to be the largest student mobility driver between India & UK over the next year post this decision by UK PM Rishi Sunak.

It last raised $22 million in its Series B round last year.